๐ How I Lost $60 in Futures and What I Learned ๐ง (Read if Youโre Trading with Small Capital)
A few days ago, I had $60 in my Binance futures wallet. I believed I could double it quickly. I used 20x leverage on a few trades, and within hoursโฆ I was down to $6.
๐ It felt bad. But I realized the problem wasnโt the market โ it was ME.
Here are 5 powerful lessons Iโve learned from that loss, which might help you too:
๐ 1. Leverage is a Double-Edged Sword I thought 20x leverage would bring fast profits. Instead, small moves liquidated my trades. Now, I only use 3xโ5x max. Capital protection comes first.
๐ 2. No Plan = No Chance I entered trades based on emotion, not strategy. Now I wait for confirmed signals using simple indicators like RSI, 50 EMA, and support/resistance zones.
๐ 3. Tiny Wins > Big Gambles A 2% gain 10 times is better than a 100% gamble. Small, consistent profits compound faster than you think.
๐ 4. Risk What You Can Lose I now only risk 1โ2% of my capital per trade. With $6, I treat each trade like a lesson โ not a lottery ticket.
๐ 5. Losses Are Part of the Journey Every trader loses. The smart ones learn, adjust, and stay in the game. Iโm not giving up โ Iโm getting better.
๐ฏ My Goal: Turn $6 into $60 slowly โ with patience, risk control, and better decision-making.
If youโve lost money in futures, youโre not alone. But itโs not over. Learn, adapt, and focus on building skills โ not chasing quick wins.
๐ Share your experience or tip below โ letโs grow together ๐ฌ